Business Corruption in New Zealand
The risk of corruption for businesses in New Zealand is minimal. The country routinely finds itself among the least corrupt countries in the world, according to all major ranking institutions and indexes. Transparent institutions and rigorous law enforcement effectively curtail corruption. The regulatory environment is favorable for businesses, and acquiring licenses or public services often takes only one day.
Active
and
passive
bribery in the private and public sector are prohibited by the
Crimes Act
and the
Secret Commissions Act
. Penalties range between fines of NZD 2,000 and 14 years of imprisonment. Public officials may not ask for or accept gifts according to the
State Services Commission Code of Conduct
.
Facilitation payments
are illegal, except for a narrow exception for foreign public officials.
February 2016
GAN Integrity Solutions